Hero FinCorp receives Sebi nod for ₹3,668 crore IPO launch
Growfast Securitiand Credit Limited function in the primary market of securities and deal in equities of unlisted, unquoted, delisted and illiquid companies.
invest in companies, unlisted shares, delisted shares, illiquid shares, unlisted companies, delisted companies, illiquid companies, invest in India
349416
post-template-default,single,single-post,postid-349416,single-format-standard,theme-moose,eltd-cpt-2.2,woocommerce-no-js,ajax_fade,page_not_loaded,,moose child-child-ver-1.1,moose-ver-3.4, vertical_menu_with_scroll,smooth_scroll,woocommerce_installed,blog_installed,wpb-js-composer js-comp-ver-6.9.0,vc_responsive
 

Hero FinCorp receives Sebi nod for ₹3,668 crore IPO launch

Growfast Securities and Credit Private Limited / Blog  / News  / Hero FinCorp receives Sebi nod for ₹3,668 crore IPO launch
07 Jun 2025

Hero FinCorp receives Sebi nod for ₹3,668 crore IPO launch

News
hero fincorp recevies sebi nod for rs.3668 crore ipo launch

Hero FinCorp, the financial services arm of two-wheeler giant Hero MotoCorp, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch its much-anticipated Initial Public Offering (IPO) worth ₹3,668 crore. The development was confirmed through SEBI’s official notification on Wednesday, as reported by PTI.

About Hero FinCorp

Established in 1991, Hero FinCorp is a prominent non-banking financial company (NBFC) offering a wide range of financial solutions tailored for retail customers and micro, small, and medium enterprises (MSMEs) across India. As of March 2024, the company has achieved total Assets Under Management (AUM) of ₹51,821 crore, with retail lending making up 65% and MSME lending accounting for 21%. The firm currently serves a customer base of over 1.18 crore individuals and businesses.

IPO Breakdown

Hero FinCorp’s IPO will include a fresh issue of equity shares worth ₹2,100 crore and an Offer For Sale (OFS) of ₹1,568 crore by existing investors. According to the Draft Red Herring Prospectus (DRHP), the selling shareholders include:

  • AHVF II Holdings Singapore II Pte. Ltd
  • Apis Growth II (Hibiscus) Pte. Ltd
  • Link Investment Trust (represented by Vikas Srivastava)
  • Otter Ltd

The IPO aims to raise capital to support the company’s future lending needs by strengthening its balance sheet. SEBI’s observation letter—received on May 22—signifies the final approval needed to proceed with the IPO.

The book-running lead managers for the IPO include:
JM Financial Ltd, BofA Securities India Ltd, HSBC Securities and Capital Markets (India) Pvt Ltd, ICICI Securities Ltd, Jefferies India Pvt Ltd, and SBI Capital Markets Ltd.

Growfast Securities and Credit Pvt. Ltd: Your Trusted Partner in Pre-IPO Investments

At Growfast Securities and Credit Pvt. Ltd, we specialize in buying and selling unlisted shares and pre-IPO stocks, helping investors discover hidden opportunities before companies hit the public markets. With in-depth research and expert financial guidance, we assist clients in identifying the right time to enter or exit investments in companies like Hero FinCorp, Tata Technologies, Mobikwik, and other promising ventures.

Whether you’re a seasoned investor or new to the unlisted market, our team provides strategic advice on which pre-IPO shares to buy or sell based on current market trends, company fundamentals, and expected IPO timelines.

Connect with us today to explore high-potential opportunities in the unlisted and pre-IPO ecosystem and make smarter investment decisions with confidence.

Contact Us: +91 9811119970

Email: info@growfastsec.com

Tags:
Print Post
0